Do private equity firms hire undergrads?
Is it true that famous private equity firms like KKR, Black Stone, Apollo, and others recruits at undergrad level? If so then what kind of College do they recruit?
Private Equity out of undergrad
Private equity firms do hire undergraduates. However, there are usually only a handful of undergraduates from top schools that recruit directly into PE firms. Usually with previous experience in investment banking or private equity. Boutique firms with minimal recruiting structure can accept undergraduates too. Usually, these positions are given out based on relationships.
Some private equity firms that recruit out of undergraduate include:
from certified user @ledger123"
most places dont hire analysts straight from college, simply for the fact that they dont want to waste time training people with no work experience. some large funds hire analysts, but only exceptional candidates with prior banking internships and FT options. on the other hand, small lower mm PE firms without much structure could also hire analysts, but those are hard to depend on.
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Blackstone for sure hires out of undergrad into PE. I think Silverlake has recently started doing the same. Bain capital not so sure but their credit hedge fund (Sankaty Advisors) hires straight from Undergrad.
Do not agree with nbburna at all. Sourcing roles are clearly defined as such from the start. The above mentioned names hire you to be an analyst in every sense of the word and as an "investment team" member.
Not trying to belittle anyones opinions but saying this on a factual basis.